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What is the best estimate of fixed maintenance costs

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Problem 1: A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best estimate of FIXED maintenance costs when the hospital expects 2,000 patient-days? Y-Intercept $5,968X-variable  (patient days) $0.741R-squared0.791

Option 1: -$7,450

Option 2: -$6,550

Option 3: -$1,482

Option 4: -$5,968

Reference no: EM132657095

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